These risks pose a severe threat to both individuals and organisations, making it vital to prioritize IoT security measures.
The Cyber Express | 30 Apr 2023
Cyberattacks are among the most significant IoT security risks. As more devices become connected, the likelihood of cyber-attacks also increases. Hackers may exploit vulnerabilities to gain unauthorized access to the network and steal sensitive information.
Hackers can remotely control IoT devices with malware and ransomware, demanding payment to restore the device's functionality.
Some IoT devices cannot be updated, which means that they can remain vulnerable to security threats that have been fixed in newer devices.
Unsecured sensitive data on IoT devices can be easily accessed by attackers, including user credentials and payment information.
IoT devices have inconsistent security measures due to various manufacturers using different protocols, leaving them vulnerable to attacks.